@lowprofile wrote:
My K1 box 11b identifies 4 specific Non-miscellaneous itemized deductions: S&L income taxes, property tax, probate fees and legal advertising.
Yes, it does and that is why I questioned as to whether all of the expenses were properly entered on Line 11 with a B code.
S&L income taxes and property tax would be entered on Schedule A as such and belong on Line 11 with a B code. However, I am not convinced that expenses such as probate fees and legal advertising (the latter presumably requisite notification per court order or statute) should have a B code. In fact, I believe they should be coded with an A which would allow an adjustment on a 1040 rather than an itemized deduction.
In any event, you should request clarification from the executor, administrator, or other party responsible for preparing the estate's 1041.
